News

26 102012

California Passes New Regional Commuter Benefit Bill

From The San Jose Business Journal A regional commuter benefit bill that was signed by Gov. Jerry Brown will allow companies in the Bay Area more options to offer their employees pre-tax commuting benefits. Starting Jan. 1, 2013, Bay Area businesses with more than 50 employees can offer commuting benefits to employees who work more

26 072012

APTA: Public transit users save $9,700 yearly

According to the American Public Transportation Association’s (APTA) July Transit Savings Report, individuals who ride public transportation instead of driving can save, on average, $809 this month, and $9,702 annually. For more information -- www.metro-magazine.com/News/Story/2012/07/APTA-Public-transit-users-save-9-700-yearly.aspx See all News Additional Information: For questions or assistance, please call us at 877-587-6236 or email us at support@tranben.com.

30 122011

Congress Adjourns Without Passing Transit Benefit Extension

While Congress passed a two-month extension of the payroll tax cut at the eleventh hour just before Christmas, this bill did not include an extension of the public transportation commuter benefit (at the rate of $230 per month per commuter). Newspapers across the U.S. have taken up the cause of public transit commuters whose monthly

27 122011

Important 2012 Transit Benefit Information

Dear TranBen friends & clients, On January 1st, 2012, the maximum level of transit fringe benefit will drop from its current level of $230.00 per month to its previous level (adjusted for inflation) of $125.00 per month.  Until Congress determines that the transit fringe benefit should again be on par with the parking fringe benefit

21 122011

Senate Passes Tax Package Without Transit Benefits Or Alternative Fuel Tax Credits; No Vote On Measure In The House

Senate Passes Tax Package Without Transit Benefits Or Alternative Fuel Tax Credits; No Vote On Measure In The House This past weekend, the Senate voted overwhelmingly (89-10) to pass a temporary, compromise bill extending the current payroll tax rate and unemployment insurance until the end of February 2012. The bill also includes language that addresses